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Thank you all. I'm the only heir, as well as the appointed executor of the estate. By cost basis, I was just worried that if I sold to myself for $0, and then had to sell again, that I would need to pay capital gains on the "appreciated value" at that time.

Hi everybody, I know that nobody can give real legal advice here, so first disclaimer is that I understand none of this is official legal advice. With that said, here's my situation: I have a close friend who passed away, and graciously left a P-210N to me. It hasn't been flown in nearly 2...